Tag: truth in lending 2923.5
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California Chapter 11 Bankruptcy Law
California Chapter 11 Bankruptcy Law California businesses have a couple of options to deal with dire financial conditions, and filing for a Chapter 11 bankruptcy can be an attractive option. However, it can be a bit complex, and to be successful, the business should consult experienced legal counsel to prepare the necessary filings. Definition Chapter…
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TILA law: Truth in Lending $2,000.00 for violation, statutory damages; I paid more for the Audit ?? !!
TRUTH-IN-LENDING DISCLOSURE REQUIREMENTS, VIOLATIONS, AND REMEDIES PURPOSE OF THE TRUTH-IN-LENDING ACT (TILA) TILA seeks to assure meaningful disclosure of credit terms and conditions that the consumer will be informed with accurate costs and benefits of their credit transaction, allowing them to shop for the best credit terms available on the market. 15 U.S.C. § 1601(a).…
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Foreclosure Deed may be Voided by Mortgage Transfer or Servicing Problems
By Max Gardner A Federal District Court, in a December 7 order, has denied a motion to dismiss a homeowner’s lawsuit to set aside the nonjudicial Missouri foreclosure sale based on a deed of trust, based on allegations that 1) the homeowner was not in default and 2) the nonjudicial sale was baed on an…